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Apr 15, 2013
04/13
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gm and ford are teaming up to work on more fuel efficient transmissions. the systems would go into most of their new vehicles and both companies say they could save millions of dollars which will keep prices competitive, i.e.,, low for us which is good news. >> we like the sound of that. >>> so just how high account markets go? the dow and the s&p both set several new all-time records last week. in less than four months the s&p has already blown past some targets set by the analysts. >>> there's a whole lot of earnings on deck this week. citigroup will kick it off. on friday, heavy weights wells fargo and jpmorgan chase both reported record high profits but lower revenues. >>> with soda sales falling for eight years in a row, investors will closely be watching results for coca-cola and pepsi co. >>> new update on new home construction in march. >>> and new this morning, china reporting its economic growth slowed unexpectedly in the first quarter saying that last year's recovery is losing steam. >>> get this, wrigley field, an historic home of baseball's ch
gm and ford are teaming up to work on more fuel efficient transmissions. the systems would go into most of their new vehicles and both companies say they could save millions of dollars which will keep prices competitive, i.e.,, low for us which is good news. >> we like the sound of that. >>> so just how high account markets go? the dow and the s&p both set several new all-time records last week. in less than four months the s&p has already blown past some targets set by...
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Apr 20, 2013
04/13
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. >> reporter: james maderas is forum's gm. before anyone could understand the source of the explosion a second blom bomb blew up directly in front of the restaurant. second explosion happens. what's the first thing you remember? >> i was looking out and there's a mailbox right there and i was looking at the mailbox when it blew up. so i saw the actual -- just the orange fire. just it looked like a huge like firecracker, like an m-80 or something. and you just see it, it blossoms. as loud as the first one was, the second one i don't ever recall hearing it, to be honest with you. i just remember my mouth was full of grit. like all of a sudden for some reason like dirt or dust or something. my mouth was gritty and dirty. you're like oh, my god, is this really happening. and just people are falling. there's glass everywhere. so i was just worried about people falling on the glass. and everybody's running toward the back and people are diving behind couches. and it was just the most anarchic scene i've ever seen. it was just chaos.
. >> reporter: james maderas is forum's gm. before anyone could understand the source of the explosion a second blom bomb blew up directly in front of the restaurant. second explosion happens. what's the first thing you remember? >> i was looking out and there's a mailbox right there and i was looking at the mailbox when it blew up. so i saw the actual -- just the orange fire. just it looked like a huge like firecracker, like an m-80 or something. and you just see it, it blossoms....
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Apr 10, 2013
04/13
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. >>> and gm will start running ads on facebook. the move come a year after the automaker pulled its ads just three days before facebook's ipo saying they had little impact on consumers. richard, back to you. >> thank you so much. >>> elsewhere on the street today, what will the feds say and will the dow hold on to the record high? you know, the fed's march meeting minutes are out at 2:00 p.m. ben bernanke says stimulus will continue into the economy improves, not all fed members are onboard. >>> sea world is about to make a splash with an ipo worth $540 million. >>> your check could be in the mail, checks between $300 and $125,000 will begin going out this friday to about eight in ten borrowers wrongly foreclosed on during the mortgage crisis. loan payments could rise dramatically for millions of college students come july unless congress takes action. the interest rate on government subsidized stafford loans is set to double july 1st. >>> washington debates new gun control measures, one pro gun group is giving away free guns, sort
. >>> and gm will start running ads on facebook. the move come a year after the automaker pulled its ads just three days before facebook's ipo saying they had little impact on consumers. richard, back to you. >> thank you so much. >>> elsewhere on the street today, what will the feds say and will the dow hold on to the record high? you know, the fed's march meeting minutes are out at 2:00 p.m. ben bernanke says stimulus will continue into the economy improves, not all...
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this is why you think about the gm stock. disappoints for gm. the laggards in today's sales, volt down this month after a lot of positive months, liz, down 35%. corvette and malibu both down. new corvette comes out, coulding the for some, but the malibu should be selling. sonic down 16%. a lot riding on that small car, but gm, that stock, if we looked at it, it is got a lot of room to run. the government slowly getting out. they got divested about a half billion dollars in february, so maybe there's room in that stock. don't forget about the rest of the auto makers, though, look at this. porsche, 41% increase this month, best ever first quarter for porsche. audi as well. suburu, vw, all positive sales months. no bad news in the auto industry now other than the stock maybe. liz: honda and toyota stock down. look at tesla -- jeff, thanks. >> love it. liz: they are expected to come out with news sometime in the next several hours. this is the all-electric fancy pants vehicle. they sold more model s sedans, the lower priced ones than expected, movin
this is why you think about the gm stock. disappoints for gm. the laggards in today's sales, volt down this month after a lot of positive months, liz, down 35%. corvette and malibu both down. new corvette comes out, coulding the for some, but the malibu should be selling. sonic down 16%. a lot riding on that small car, but gm, that stock, if we looked at it, it is got a lot of room to run. the government slowly getting out. they got divested about a half billion dollars in february, so maybe...
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Apr 9, 2013
04/13
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not things that north koreans are doing. >> but he also said that it wasn't helpful for gm chairman to state publicly that his company is looking into con t contingency plans. a spokes. person at gm, good companies plan for a variety of contingencies and to suggest anything more is an overreach wolf? >> lot at stake. >>> up next, the shady money that's bankrolling kim jong-un's military threat and get this, there are american tourists on vacation in north korea. >>> when i was in north korea some two years ago, i saw firsthand how poor the country is. but he has money to threaten the world. where is the money coming from. >> reporter: when it comes to selling technology, the launch pad is kim jong-un's show room. in the missile test doubles as a marketing tool. >> telling other countries look at what you can have also for a price. >> reporter: former u.s. intelligence officials say that sanctions have cut into sales. kim is profiting off of illegal weapons but brings in $120 million less than his father. how important is money to kim jong-un? >> money is key. he has to keep the elites
not things that north koreans are doing. >> but he also said that it wasn't helpful for gm chairman to state publicly that his company is looking into con t contingency plans. a spokes. person at gm, good companies plan for a variety of contingencies and to suggest anything more is an overreach wolf? >> lot at stake. >>> up next, the shady money that's bankrolling kim jong-un's military threat and get this, there are american tourists on vacation in north korea....
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Apr 5, 2013
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it was gm's problem and why they went under, one of the reasons they went under. you look what the president is talking about here and you certainly what congress counterproposal on the other side. do we look like we are a massive business that's finally figuring out we need to take serious steps for our long-term retirement problems? >> an important issue and not just about heady cut spending or how to raise taxes or feel out how to raise revenues but to drive growth. i think the core is getting the economy growing faster. all of the growth comes from entrepreneurs. the kaufman data foundation said 34 million jobs created the last decade from high growth companies. having the focus on high entrepreneur is the key. >> when you started aol and we saw what happened in the early 1990s with intel's explosive growth, microsoft's explosive growth. mid '90s, net scape, google and yahoo come later. more guys took lunch buckets into gm factory in 1955 in one factory than worked for all of these companies combined in america. don't we have to look for growth outside of sili
it was gm's problem and why they went under, one of the reasons they went under. you look what the president is talking about here and you certainly what congress counterproposal on the other side. do we look like we are a massive business that's finally figuring out we need to take serious steps for our long-term retirement problems? >> an important issue and not just about heady cut spending or how to raise taxes or feel out how to raise revenues but to drive growth. i think the core is...
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Apr 2, 2013
04/13
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take a look at shares of gm, ford, and toyota. we're putting these up, because these are really the three leaders when it comes to pickup trucks. clearly, gm anded ford, way ahead of toyota, but in terms of stock performance, toyota getting the better of the other two over the last year. and finally, you mentioned tesla at the beginning, maria. take a look at this. in the first quarter, electric vehicle sales, the model-s easily outsold. the chevy volt and the nissan leaf, which says something, maria, given the fact that the model "s" considerably more expensive than the volt or the leaf. and you have shares of tesla trading at an all-time high. the announcement from elon musk coming up in about 40 to 45 minutes. maria, back to you. >> phil, thank you very much. so with new buyers headed into the showroom for a new car, is this the time to bet on auto stocks? investors should bet on new automakers like tesla, says brian. why the divergent views? let's talk about it. adam, make the case. why is newer the tesla the better long-term
take a look at shares of gm, ford, and toyota. we're putting these up, because these are really the three leaders when it comes to pickup trucks. clearly, gm anded ford, way ahead of toyota, but in terms of stock performance, toyota getting the better of the other two over the last year. and finally, you mentioned tesla at the beginning, maria. take a look at this. in the first quarter, electric vehicle sales, the model-s easily outsold. the chevy volt and the nissan leaf, which says something,...
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Apr 9, 2013
04/13
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asked by cnbc recently if gm might move productions if tensions on the peninsula get worse -- >> you have to start to think about where you have the continuity, supply, and safety of your assets and your employees. so, it's a concern to, i think, everybody. >> reporter: contacted by cnn, a spokesman for gm declined to say what specific contingency plans the company is making. tammie overbay, head of the u.s. korea business council, was there when north korea, under kim jong-un's grandfather, threatened war with the u.s. and south korea. she told us what american companies did then. >> companies wanted to make sure that they had latest e-mails of all their employees, latest addresses of where everyone lived, and then started looking at supply chains. >> reporter: experts say some americans were evacuated to japan then. most analysts don't think that will happen now, but gm and many other american companies have a lot to lose if tensions escalate or if conflict breaks out between north and south korea. at its five plants in south korea, two of them just outside seoul, gm produces about
asked by cnbc recently if gm might move productions if tensions on the peninsula get worse -- >> you have to start to think about where you have the continuity, supply, and safety of your assets and your employees. so, it's a concern to, i think, everybody. >> reporter: contacted by cnn, a spokesman for gm declined to say what specific contingency plans the company is making. tammie overbay, head of the u.s. korea business council, was there when north korea, under kim jong-un's...
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Apr 11, 2013
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better than your parents and especially even if you could work at that lower middle class job, right, at gm or ford, make it to some sort of picket fence, some little lawn, middle class, i'm good, i can take care of my kids for 30, 40 years, that's gone, right? we have a country where you will be in a class that your parents were in, that's europe. that's not the way it's supposed to be. you have a chance to get rich and you have the probability of doing better than your parents if you work hard and do the right things. that's not where we are anymore and that's not what we want to see. >> sunday night, the progression from generation to generation and the picket fence, some republicans are going to join me picketing the fence of the republican headquarters. but i've got to ask you this. they are reaching out to dick cheney. i mean, they have asked dick cheney to come and it's just rnc members this weekend about the party's future. now, and it comes after he's already addressed gop about north korea. you have got to explain the strategy and there is certainly something i cannot figure out.
better than your parents and especially even if you could work at that lower middle class job, right, at gm or ford, make it to some sort of picket fence, some little lawn, middle class, i'm good, i can take care of my kids for 30, 40 years, that's gone, right? we have a country where you will be in a class that your parents were in, that's europe. that's not the way it's supposed to be. you have a chance to get rich and you have the probability of doing better than your parents if you work...
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Apr 20, 2013
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. >> reporter: james maderas is forum's gm. before anyone could understand the source of the explosion a second blom bomb blew up directly in front of the restaurant. second explosion happens. what's the first thing you remember? >> i was looking out and there's a mailbox right there and i was looking at the mailbox when it blew up. so i saw the actual -- just the orange fire. just it looked like a huge like firecracker, like an m-80 or something. and you just see it, it blossoms. as loud as the first one was, the second one i don't ever recall hearing it, to be honest with you. i just remember my mouth was full of grit. like all of a sudden for some reason like dirt or dust or something. my mouth was gritty and dirty. you're like oh, my god, is this really happening. and just people are falling. there's glass everywhere. so i was just worried about people falling on the glass. and everybody's running toward the back and people are diving behind couches. and it was just the most anarchic scene i've ever seen. it was just chaos.
. >> reporter: james maderas is forum's gm. before anyone could understand the source of the explosion a second blom bomb blew up directly in front of the restaurant. second explosion happens. what's the first thing you remember? >> i was looking out and there's a mailbox right there and i was looking at the mailbox when it blew up. so i saw the actual -- just the orange fire. just it looked like a huge like firecracker, like an m-80 or something. and you just see it, it blossoms....
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Apr 20, 2013
04/13
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. >> reporter: the former assistant gm. before anyone could understand the nature or the source of the first explosion, the second bomb blew up directly in front of the restaurant. second explosion happens. what's the first thing you remember? >> i was looking out and there's a mailbox right there and i was looking at the mailbox when it blew up. so i saw the actual, just the orange fire. looked like a huge firecracker like an m-80 or something. you just see it, it blossoms. as loud as the first one was, the second one i don't recall hearing it. to be honest with you. i just remember my mouth was full of grit. like all of a sudden for some reason just like dirt or dust or something. all of a sudden my whole mouth was just gritty and dirty. you are like oh, my god is this really happening and people were falling. there is glass everywhere. i was worried about people falling on the glass and everybody running to the back and people diving behind couches. it was just chaos, it was crazy. >> reporter: heather was also bartendin
. >> reporter: the former assistant gm. before anyone could understand the nature or the source of the first explosion, the second bomb blew up directly in front of the restaurant. second explosion happens. what's the first thing you remember? >> i was looking out and there's a mailbox right there and i was looking at the mailbox when it blew up. so i saw the actual, just the orange fire. looked like a huge firecracker like an m-80 or something. you just see it, it blossoms. as loud...
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Apr 2, 2013
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gm sale s roiz more than 6% thanks for demands of pickup trucks. factory orders up a stronger than expected 3% in february boosted by the aircraft industry. that's it from cnbc, first in business worldwide. now back to "hardball." >>> welcome back to "hardball." some republican-led state legislatures have been pretty strict on abortion laws over the past several months. we've been covering that. now they're stepping up. gop lawmakers in texas, arkansas, north dakota. think of those states. texas, arkansas, north dakota, trying to restrict access to sex ed. sex education praograms, in particular those associated with planned parenthood. in north dakota, trying to block a $1.2 million federal grant that would provide sex ed counseling services to at-risk teens. in arkansas lawmakers are considering a bill that would defund an hiv and std, sexually transmitted disease program, because planned parenthood administers. in texas republicans are proposing a bill that would stop planned parenthood from distributing sex ed materials from students. elizabeth
gm sale s roiz more than 6% thanks for demands of pickup trucks. factory orders up a stronger than expected 3% in february boosted by the aircraft industry. that's it from cnbc, first in business worldwide. now back to "hardball." >>> welcome back to "hardball." some republican-led state legislatures have been pretty strict on abortion laws over the past several months. we've been covering that. now they're stepping up. gop lawmakers in texas, arkansas, north...
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Apr 10, 2013
04/13
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gm, chrysler got it. look, other cities and states, neil, that paid for, if you will, via tax credits and tax breaks, business, from gm and chrysler. those cities and states got screwed over as well in the process because gm and chrysler, never delivered on those promises either to poor cities and states that didn't get jobs or revenue. the government should get out of the business completely and let free markets decide it. neil: todd, you know very well, and ford's ceo was here many times he was for the bailout with his colleagues because if they had not got enit and it would have hurt the entire industry. what do you think of that? >> maybe neil, maybe not. on the bileout it was important for president obama to have the government come in to bail out gm and chrysler. i think they both would be restructured out government financing. what that did it helped out one of the president obama's largest campaign contributors, the united auto workers. they gave them him 40 million in campaign contributions. the
gm, chrysler got it. look, other cities and states, neil, that paid for, if you will, via tax credits and tax breaks, business, from gm and chrysler. those cities and states got screwed over as well in the process because gm and chrysler, never delivered on those promises either to poor cities and states that didn't get jobs or revenue. the government should get out of the business completely and let free markets decide it. neil: todd, you know very well, and ford's ceo was here many times he...
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Apr 16, 2013
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he's been hired as assistant to gm coach. it was after his seven seasons on gary williams' coaching staff at the university of maryland. of course, keith, an outstanding player at the university of maryland and at dunbar high school. >>> orioles and the rays coming up. you can see it on masn, first pitch in about 10 minutes. we'll have highlights at happen:00. happen:00. here on -- ,,,,,,,, tim -- you're mulch-flipping again, aren't you? hey scott -- yeah, it fades after awhile, so... it fades because it's inferior mulch, man. look...nature scapes is scotts best mulch -- they guarantee it to hold its color for a full year. wow. i figured you just did your mulch flipping at night. scoooott, movie's starting. oh, there are better ways to spend an evening, lad... coming honey! hey -- what movie? [ door closes ] get scotts nature scapes mulch. it's guaranteed. >>> don't miss the cbs primetime lineup tonight at 10:00. it's an all-new episode of golden boy, followed by eyewitness news at 11:00. that's if for us tonight. back at 11:
he's been hired as assistant to gm coach. it was after his seven seasons on gary williams' coaching staff at the university of maryland. of course, keith, an outstanding player at the university of maryland and at dunbar high school. >>> orioles and the rays coming up. you can see it on masn, first pitch in about 10 minutes. we'll have highlights at happen:00. happen:00. here on -- ,,,,,,,, tim -- you're mulch-flipping again, aren't you? hey scott -- yeah, it fades after awhile, so......
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Apr 2, 2013
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the pricing will go up, and that's very good news for gm. >> certainly. people just aren't giving the new detroit i think a fair shake. if you look at the financials, this is reasons to be scared off by it, underfunded pension in europe, of course, but they make most of their money in the u.s., and in gm's case, in china, too. those markets have room to grow. >> what don't you like. >> just in the dealer space, maybe as momentum investor, people might consider that, but we're value investors here at morningstar, and just on a casual base they like fairly valued. >> thank you very much. appreciate it, dave. ty, up to you. >> moving up there by 1.22. 6-plus percent. this after carl eye sawn took a 9.3% stake in the speech recognition company. julia boorstin has more. >> reporter: well, tyler, you may not have ever heard of nuance, but its technology has likely heard your voice. it's the leader in speech recognition, powering everything from apple's siri to customer service to new ads that talk back. >> should i buy that ring? >> you should definitely buy it
the pricing will go up, and that's very good news for gm. >> certainly. people just aren't giving the new detroit i think a fair shake. if you look at the financials, this is reasons to be scared off by it, underfunded pension in europe, of course, but they make most of their money in the u.s., and in gm's case, in china, too. those markets have room to grow. >> what don't you like. >> just in the dealer space, maybe as momentum investor, people might consider that, but we're...
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Apr 10, 2013
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gm, though, i find it interesting that gm alone is a facebook story. even at the time of the ipo, ford said we don't know what gm is doing. we find their ads effective. >> so you get headlines and you can't understand the weight, but they still get pushed to the front. one last thing on social media and the relationship to financial markets and journalists and ceos, that's certainly changing. >> people feel that's all that they need. it's their personalized news sticker. >> is that arrogant if you're a ceo to say i'm going to use twitter and if you're not following me that's your problem sf. >> i doubt it. this is the standard. this is what everybody walks around with all the time. i do not tweet. i am so old fashioned it's ridiculous. i'm also a believer in old school journalism in the sense that when you pick up a paper, you read things that you didn't expect to read. something that might change your mind you tend to read more what you're already interested, and that's dangerous for all of us. >> it's been a wild ride on the markets. we'll talk about
gm, though, i find it interesting that gm alone is a facebook story. even at the time of the ipo, ford said we don't know what gm is doing. we find their ads effective. >> so you get headlines and you can't understand the weight, but they still get pushed to the front. one last thing on social media and the relationship to financial markets and journalists and ceos, that's certainly changing. >> people feel that's all that they need. it's their personalized news sticker. >> is...
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when trucks do well, domestic do well too, gm, no exception. their sales, they, you know, they did relatively well. some of the brands that have struggled, especially last year like cadillac, a lot of new models, and, also, buick who is, you know, awaiting new, fresh r models, they have them now, and sales have gone up. >> jessica, where do we go from here? keep up the pace the rest of the year? >> i mean, we certainly hope so. look at what's driving models now, pent of demand, people who have not bought a car are in the market. as long as that exists, sales continue to be strong, and interest rates, as long as they are low, helps leasing as well as financing, as long as they are friendly and people get loans, that's keeping the market afloat. >> encouraging. jessica, as always, thank you for joining us, appreciate it. >> thanks for having me. >> small car sales slow down because the gas prices are relatively low, so more gas guzzlers on the road. >> had a wicked winter too, you know? if i didn't have 4-wheel drive, i'd be home. >> it is quarte
when trucks do well, domestic do well too, gm, no exception. their sales, they, you know, they did relatively well. some of the brands that have struggled, especially last year like cadillac, a lot of new models, and, also, buick who is, you know, awaiting new, fresh r models, they have them now, and sales have gone up. >> jessica, where do we go from here? keep up the pace the rest of the year? >> i mean, we certainly hope so. look at what's driving models now, pent of demand,...
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Apr 16, 2013
04/13
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typically competitors, ford and gm are working together to develop 9- and 10-speed transmissions. the new transmissions would be used in a variety of vehicles and have a goal of improving fuel efficiency. according to gm's vice president, engineering teams are already starting initial design work on the new gear box. microsoft is reportedly developing a smart watch. suppliers in asia have been asked to ship necessary components, but that does not necessarily mean microsoft will proceed with the project. this latest report comes amid rumours that apple, google, samsung and lg are also in the race to develop a smart watch. airports are rich with pennies and more from your pocket. in its annual survey of loose change, the tsa counts more than a half-million dollars was left behind at airport security checkpoints. as dictated by congress, the abandoned cash will be spent on civil aviation security. still to come, find out why banks are rolling in dough. but first, bill moller joins us with a taxing hangover. what you need to know about next year's taxes is coming up after the break. n
typically competitors, ford and gm are working together to develop 9- and 10-speed transmissions. the new transmissions would be used in a variety of vehicles and have a goal of improving fuel efficiency. according to gm's vice president, engineering teams are already starting initial design work on the new gear box. microsoft is reportedly developing a smart watch. suppliers in asia have been asked to ship necessary components, but that does not necessarily mean microsoft will proceed with the...
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Apr 11, 2013
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. -- united states -- >>> the treasure department has sold gm stock and they have recovered much of the bailout. and that means taxpayers are still owed $19 billion. >>> the 14% drop in pc sales is the largest drop in 20 years. they are blaming windows eight and the company says the public isn't rushing to adopt it because it looks and runs differently. >>> checking in with bill for weather now. >> numbers into the mid-80s and 82 in concord and it is warm outside. warmer than yesterday, but not as warm tomorrow. and let's look at the current condition, 82 in santa rosa and we are getting a sea front. and the winds are beginning to go on shore and the there is a weather system to the north moving in. you can see it cleary, this is a front coming in and as it comes in and down the coast it is going to cool things off by a solid ten degrees. 85 in santa rosa and temperature there tomorrow is down, 73. and 73 in san francisco and 64 tomorrow. today is the warmest day of the week. and temperatures will not be that much below average, just cooler. overnight lows here and tomorrow morning when
. -- united states -- >>> the treasure department has sold gm stock and they have recovered much of the bailout. and that means taxpayers are still owed $19 billion. >>> the 14% drop in pc sales is the largest drop in 20 years. they are blaming windows eight and the company says the public isn't rushing to adopt it because it looks and runs differently. >>> checking in with bill for weather now. >> numbers into the mid-80s and 82 in concord and it is warm...
SFGTV2: San Francisco Government Television
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Apr 2, 2013
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also the gm was there to see the conditions of the courts, and all can confirm that they're in need of immediate repairs. the project budget as i said is $416,000. the source of funding is from the commissioner's reserve itself of the open space. i will be happy to answer any questions that you have. >> we do have public comment. we have lena. is it liz? cacost? antoinette and vanessa. >> i am [inaudible] improvement association who thoroughly endorses the improvements and this is a much used space. there are kids there all the time and it really needs to kept in condition so it's not a trip hazard for people and i urge approve this. thank you. >> thank you very much. >> next speaker. >> [inaudible] >> thank you. i am liz cacost and in support of the resurfacing of the courts at youngblood coleman. this is part of a larger initiative for the youngblood coleman initiative which is a collaboration between community based organizations b magic sf arts everywhere, butcher town association, recs and park and we have been involved in reinvesting and reactivating coleman park in the last year
also the gm was there to see the conditions of the courts, and all can confirm that they're in need of immediate repairs. the project budget as i said is $416,000. the source of funding is from the commissioner's reserve itself of the open space. i will be happy to answer any questions that you have. >> we do have public comment. we have lena. is it liz? cacost? antoinette and vanessa. >> i am [inaudible] improvement association who thoroughly endorses the improvements and this is a...
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Apr 8, 2013
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gm has about 17 thousand employees in the eastern nation. akerson also noted that any problems in south korea would affect the entire auto industry. need a taxi? there's an app for that.in fact, there are roughly a dozen of them--in london alone. our cover story looks at "e- hailing" as it's called-- spreading to cities where gps, smartphones and stranded passengers are providing the next opportunity for mobile money making. hailing a cab is probably the most obvious business application of gps technology with smartphones. there are several of them. but hailo--an app launched a year and a half ago, is now in six cities with plans to more than double that by the end of this year. "it's growing like a weed. we have 37% of cabs in chicago-- thousands of jobs and we just launched lhere in november of last year." it works this way--- customers download the app. then, when you need a cab, hailo finds your location and directly alerts cabs nearby---bypassing a dispatcher. bills and tips are paid through a pre-arranged credit card. drivers are paid
gm has about 17 thousand employees in the eastern nation. akerson also noted that any problems in south korea would affect the entire auto industry. need a taxi? there's an app for that.in fact, there are roughly a dozen of them--in london alone. our cover story looks at "e- hailing" as it's called-- spreading to cities where gps, smartphones and stranded passengers are providing the next opportunity for mobile money making. hailing a cab is probably the most obvious business...
SFGTV2: San Francisco Government Television
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Apr 8, 2013
04/13
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i would like to thank the commissioner that came out with us on march 1 and our gm that came and met with us. we're trying to roll and do this and if you guys can really find it. i know things are rough here in california but we can do this. we have done many more things and bring smiles back to the families in that area. thanks. >> thank you. >> would you like to comment? you're okay. thank you. >> my name is ed steveer. i'm a new resident. my home adjoins -- we're practically neighbors. i am right next door to the parks and rec and those unfamiliar with youngblood coleman. this park was founded by dianne feinstein on the death of two young boys. wasn't gang related. it was an accident because they had no place to play and if no funding is received for the courts, to maintain the trees their deaths and efforts would have gone in vain. i also want to make note that this park is located in a buffer zone between the industrial area and bay view and the residents, and it's the only park to those residents on the hill that provides clean and
i would like to thank the commissioner that came out with us on march 1 and our gm that came and met with us. we're trying to roll and do this and if you guys can really find it. i know things are rough here in california but we can do this. we have done many more things and bring smiles back to the families in that area. thanks. >> thank you. >> would you like to comment? you're okay. thank you. >> my name is ed steveer. i'm a new resident. my home adjoins -- we're...
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Apr 3, 2013
04/13
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gm has just redesigned its new -- what we call the lambda products. they're vehicles like the buick enclave, which has three rows of seats, has done incredibly well in the past. and that's a large crossover. so vehicles such as that which carry good utility and family and stuff can carry people around and people are really trading those and upgrading those. >> rebecca, one quick question before we let you go. what about u.s. cars versus the japanese automakers? it looks like u.s. carmakers had much better numbers in march. >> they did. it was interesting. i was looking at hyundai and kia from out of korea. and they were fairly soft. i think that a lot of that just had to do with product cadence. and also year-over-year comparisons. you know, last year the japanese were still recovering from the tsunami. so they had -- they had very high numbers because the year before they didn't have any numbers because of volume -- inventory. so we're still seeing some ripple effects, but it's nothing to panic about. the industry overall is doing incredibly well. >>
gm has just redesigned its new -- what we call the lambda products. they're vehicles like the buick enclave, which has three rows of seats, has done incredibly well in the past. and that's a large crossover. so vehicles such as that which carry good utility and family and stuff can carry people around and people are really trading those and upgrading those. >> rebecca, one quick question before we let you go. what about u.s. cars versus the japanese automakers? it looks like u.s....
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Apr 8, 2013
04/13
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asked by cnbc recently if gm might move productions if tensions on the peninsula get worse -- >> you have to start to think about where you have the continuity, supply, and safety of your assets and your employees. so, it's a concern to, i think, everybody. >> reporter: contacted by cnn, a spokesman for gm declined to say what specific contingency plans the company is making. tammie overbay, head of the u.s. korea business council, was there when north korea, under kim jong-un's grandfather, threatened war with the u.s. and south korea. she told us what american companies did then. >> companies wanted to make sure that they had latest e-mails of all their employees, latest addresses of where everyone lived, and then started looking at supply chains. >> reporter: experts say some americans were evacuated to japan then. most analysts don't think that will happen now, but gm and many other american companies have a lot to lose if tensions escalate or if conflict breaks out between north and south korea. at its five plants in south korea, two of them just outside seoul, gm produces about
asked by cnbc recently if gm might move productions if tensions on the peninsula get worse -- >> you have to start to think about where you have the continuity, supply, and safety of your assets and your employees. so, it's a concern to, i think, everybody. >> reporter: contacted by cnn, a spokesman for gm declined to say what specific contingency plans the company is making. tammie overbay, head of the u.s. korea business council, was there when north korea, under kim jong-un's...
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Apr 11, 2013
04/13
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. -- united states -- >>> the treasure department has sold gm stock and they have recovered much of the bailout. and that means taxpayers are still owed $19 billion. >>> the 14% drop in pc sales is the largest drop in 20 years. they are blaming windows eight and the company says the public isn't rushing to adopt it because it looks and runs differently. >>> checking in with bill for weather now. >> numbers into the mid-80s and 82 in concord and it is warm outside. warmer than yesterday but not as warm tomorrow. and let's look at the current condition, 82 in santa rosa and we are getting a sea front. and the winds are beginning to go on shore and the there is a weather system to the north moving in. you can see it cleary, this is a front coming in and as it comes in and down the coast it is going to cool things off by a solid ten degrees. 85 in santa rosa and temperature there tomorrow is down, 73. and 73 in san francisco and 64 tomorrow. today is the warmest day of the week. and temperatures will not be that much below average just cooler. overnight lows here and tomorrow morning when y
. -- united states -- >>> the treasure department has sold gm stock and they have recovered much of the bailout. and that means taxpayers are still owed $19 billion. >>> the 14% drop in pc sales is the largest drop in 20 years. they are blaming windows eight and the company says the public isn't rushing to adopt it because it looks and runs differently. >>> checking in with bill for weather now. >> numbers into the mid-80s and 82 in concord and it is warm...
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Apr 28, 2013
04/13
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mice eating gm have smaller and fewer babies. there are animal studies. the animal studies certainly aren't human studies. but they should give us much more pause. >> animal studies from one laboratory in france where the head there is sort of a fringe i scientist, if you will. if you look at the hundreds of studies that have been done, those have found by and large, the overwhelming majority, 99.9% that there's no harm to humans. and even the other guests here, marion agrees with this. the national academy of sigh senses, even in france, the french are anti-gmo. but the french supreme court threw out the ban on gmos because the government could produce no credible evidence of harm to humans or the environment. >> yeah. but this isn't about safety necessarily. even if gmos are safe, they're not necessarily acceptable for a whole range of other reasons. it's those reasons shall the right to know is the most obvious one that make labeling so important. if they had labeled this from the first place, i don't think we would be having this conversation now. but
mice eating gm have smaller and fewer babies. there are animal studies. the animal studies certainly aren't human studies. but they should give us much more pause. >> animal studies from one laboratory in france where the head there is sort of a fringe i scientist, if you will. if you look at the hundreds of studies that have been done, those have found by and large, the overwhelming majority, 99.9% that there's no harm to humans. and even the other guests here, marion agrees with this....
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Apr 16, 2013
04/13
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off of that and we care more about europe when it comes the ford and gm. michael? >> caller: hey, jim. >> hi, michael. >> caller: with the home builder confidence what is going on with the k.b. homes? >> well, there was a long analysis come out with stewart and lenar being a very big home builder and nationwide presence and what he said was that the smaller builders are part of that and the smaller builders have been squeezed out, so don't read too much into it. i thought that the housing stocks were overly hit today and tomorrow we take a better look at them today. tough day, and we don't know what happened in the market, and we won't pretend that we did, but we have a playbook for when we don't know what is going on and i believe it will work just like it always has. more "mad money" coming up. >> and what sent shares of sprint soaring? what does it mean for the future of phones, cable and your connection? david faber is following the story and talking to cramer just ahead. >>> later, perfect prescription? what got a boost from investors this morning aft
off of that and we care more about europe when it comes the ford and gm. michael? >> caller: hey, jim. >> hi, michael. >> caller: with the home builder confidence what is going on with the k.b. homes? >> well, there was a long analysis come out with stewart and lenar being a very big home builder and nationwide presence and what he said was that the smaller builders are part of that and the smaller builders have been squeezed out, so don't read too much into it. i...
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Apr 29, 2013
04/13
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. >> there's a trend for gm, too. gm is my other one, too big to fail, we're watching. they both report on thursday, by the way. gm actually has not -- has fared fairly well. they're not looking to fare that well this quarter. compared to last year when they made about 93 cents in the first quarter, they're looking to make about 54 cents a share. they have not paid back the u.s. government yet. they still -- the u.s. government owns about 255 million shares. which if they sold them today they'd only get about half that money back. so it has to be at 75 for the government to break even. >> wouldn't you know, it's time to go to rick santelli, then. what do you make of today's market action? this rally just doesn't want to stop here. bonds are kind of sitting there. >> hey, the rally doesn't want to stop, the fed doesn't want to stop, the ecb wants to jump in and the bank of japan is playing the tune. yes, i think it continues. i heard somebody mention rynot rogueoff. so fascinating. they get a couple details wrong and everybody who doesn't implement the proper form of aus
. >> there's a trend for gm, too. gm is my other one, too big to fail, we're watching. they both report on thursday, by the way. gm actually has not -- has fared fairly well. they're not looking to fare that well this quarter. compared to last year when they made about 93 cents in the first quarter, they're looking to make about 54 cents a share. they have not paid back the u.s. government yet. they still -- the u.s. government owns about 255 million shares. which if they sold them today...
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Apr 11, 2013
04/13
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. >> this is the first perm fop >>> the automaker gm is back on the facebook site. they have been introducing new tools and it could be a sign their tools are working. >>> yahoo and apple are looking at ways yahoo services could play a role on the ipad and they are exploring new things for more news and sports preloaded. >>> on wall street both hit all times highs, the dow added 128 points. >>> a florida couple is arrested after kidnapping their two sons and taking them to cuba. the four were handed over after being spotted on a sail boat. >>> a chance to hit it big the new lottery game that is in california the drawing taken tonight and the record it set for the first day. >> and adult behavior in children's movies and why it could have real-life consequences. >>> a group of fossilized embryos has researches excited and they are from a long neck dinosaur and there may be clues how they developed from the stages in the eggs and they are the same age as the oldest ones found in south afriaca. >>> researchers have foubd found a way to make mouse brains transparent and
. >> this is the first perm fop >>> the automaker gm is back on the facebook site. they have been introducing new tools and it could be a sign their tools are working. >>> yahoo and apple are looking at ways yahoo services could play a role on the ipad and they are exploring new things for more news and sports preloaded. >>> on wall street both hit all times highs, the dow added 128 points. >>> a florida couple is arrested after kidnapping their two...
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Apr 16, 2013
04/13
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WMAR
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. >>> the new electric motor for the gm spark will be produced right there. it's the automaker's first lit yum battery -- lithium battery car. the plant received an upgrade to produce. >> we've got the capacity to go quite a bit further, but even with that, when we were building the building, we were talking 100, 150 workers at any one time. >> chevy will premiere the spark in 2014. >>> being a man means respecting women has much as you respect -- as much as you respect today. a call to men is a national violence prevention practice. today they teamed up with verizon to teach coaches how to mold their players into outstanding young men. they're targeting coaches because of the immense influence they have on young boys. >> it's important what that coach pours into the young man. they will hang on to that. they will rally around it and it will carry throughout life. >> here's an example of the things they talked about today. telling a player for throwing like a girl is one way they show disrespect. >>> joe flacco is honoring the life of a student killed in a cr
. >>> the new electric motor for the gm spark will be produced right there. it's the automaker's first lit yum battery -- lithium battery car. the plant received an upgrade to produce. >> we've got the capacity to go quite a bit further, but even with that, when we were building the building, we were talking 100, 150 workers at any one time. >> chevy will premiere the spark in 2014. >>> being a man means respecting women has much as you respect -- as much as you...
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what are other ceos saying besides and you gm's ceo, saying gm may pull -- scale back their south korea operations near the border. what do you hear from other ceos >> i'm not hearing much about them changing their business plans. i'm not hearing were. liz: what are you hearing? >> same thing we're talking about. he is irresponsible. is he trying to get attention. liz: does -- does he' u.s. to start talking about doing something for him again, the people in north korea are starving. i was there three years ago, with a small group, of business executives, the place is you know, like no place you have seen. like stepping back in time. liz: what struck you? >> the emptiness. just plain emptiness. every place you went, you do not see many people, we visited a number of factories, and met with a number of leading bureaucrats. the plan was we go over and talk with them to see if they would give up their nuke program. they would get foreign investments. we did not make headway. liz: so, do you think that ceos are more worried that there is -- that a sense in this business about north korea now
what are other ceos saying besides and you gm's ceo, saying gm may pull -- scale back their south korea operations near the border. what do you hear from other ceos >> i'm not hearing much about them changing their business plans. i'm not hearing were. liz: what are you hearing? >> same thing we're talking about. he is irresponsible. is he trying to get attention. liz: does -- does he' u.s. to start talking about doing something for him again, the people in north korea are starving....
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Apr 30, 2013
04/13
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WJLA
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the redskins' former gm? he said the redskins will give back to the super bowl next season. what do you think about what bobbi said? >> that is bobbi. he would say that about me. but i'm not going to do what bobbi would say. we are going to win this super bowl this year. and i go, why are you saying that? i'm not going to do that to coach shanahan. >> so they are going back to the super bowl. i'm just kidding, joe. tebow was cut by the jets yesterday. the omaha beach said they want him to pay for them -- played for them and a booklet -- and they will pay him $75 per game. for them and a booklet -- and tim -- you're mulch-flippingme. again, aren't you? hey scott -- yeah, it fades after awhile, so... it fades because it's inferior mulch, man. look...nature scapes is scotts best mulch -- they guarantee it to hold its color for a full year. wow. i figured you just did your mulch flipping at night. scoooott, movie's starting. oh, there are better ways to spend an evening, lad... coming honey! hey -- what moviv? [ door closes ] get scotts nature scapes mulch. it's guaranteed. >> m
the redskins' former gm? he said the redskins will give back to the super bowl next season. what do you think about what bobbi said? >> that is bobbi. he would say that about me. but i'm not going to do what bobbi would say. we are going to win this super bowl this year. and i go, why are you saying that? i'm not going to do that to coach shanahan. >> so they are going back to the super bowl. i'm just kidding, joe. tebow was cut by the jets yesterday. the omaha beach said they want...
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Apr 27, 2013
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KRON
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hayden, cornerback out of houston taken 12th overall hayden held up jersey #25 as he posed with gm reggie mckenzie hayden is some story.he nearly died following a freak football injury during prcticethe main vain in his heart was torn after he took a knee to the chest yet hayden recoveredand was one of the fastest players at the combine.and the raiders first round pick a very special basketball game tonight. the warriors are up three games to one. and how we start the second round. giants and san diego, tim lincecum. with help from angel pagan. lincecum only give up a couple of rounds. adam jones to go to the a's tonight. and in support of a younger pitcher. joshed advances with a single. to put the orioles on the board. and 3-2. the a's had a tough time. against the houston astros. however, with the san francisco six- foot four, 280 lbs.. the third . date to of the draft, that was willie brown. and that they chose the name. with the offensive tackle, getting a linebacker out of connecticut. hayden from houston. patroled overall. saying that he is the inspirational, to the blast. he took
hayden, cornerback out of houston taken 12th overall hayden held up jersey #25 as he posed with gm reggie mckenzie hayden is some story.he nearly died following a freak football injury during prcticethe main vain in his heart was torn after he took a knee to the chest yet hayden recoveredand was one of the fastest players at the combine.and the raiders first round pick a very special basketball game tonight. the warriors are up three games to one. and how we start the second round. giants and...
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Apr 25, 2013
04/13
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they're changing leadership in the gm office. they're changing leadership on the grass. they're getting rid of a lot of players. they might like to geno smith, ryan nassa, manuel. >> that team -- >> it doesn't bother me a bit. i'm a patriots fan. it's one of those strange things to see that they have no depth. that's the thing, they say there's a lot of depth. it's not that sexy. how excited can people get about a draft where the top two picks could be offensive tackles? >> well, you watch pro football carefully, some of these quarterbacks have no chance. they're getting their brains knocked out because they can't protect the passer. there's seven or eight teams that are in dire need of a left tackle that can pass protect. we have three or four of those guys that are going to go early tont. lain johnson from oklahoma. luke joeckel from texas a&m. eric fisher. >> how many bama guys? >> joe knows that better than anybody. seems like every year they dominate the first round. i think they'll have four kids go in the first round. eddie lacy, the running back. three offensive
they're changing leadership in the gm office. they're changing leadership on the grass. they're getting rid of a lot of players. they might like to geno smith, ryan nassa, manuel. >> that team -- >> it doesn't bother me a bit. i'm a patriots fan. it's one of those strange things to see that they have no depth. that's the thing, they say there's a lot of depth. it's not that sexy. how excited can people get about a draft where the top two picks could be offensive tackles? >>...
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Apr 27, 2013
04/13
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they will do the same to gm, the stock has been acting pretty darn well after that quarter. it seems to be working its way higher. i wonder if gm doesn't surprise the upside or offers you enough secondhand hope that it's worth owning. sure, it is cheap, warming up to it. one of our favorite takeout candidates is bull maker atk, the defense companies and gun-related stocks have all delivered excellent numbers. by the way, we did isolate cabella's and said that was better than dick's. a lot of people on twitter say, do you like dick's? we will also hear from linked-in. it's a company i was asked about yesterday at villanova. i have to tell you you, this has been a real standout. i think it's that premium model, some of it is paid, some is free in advertising support. linked-in surprised the upside so consistently, i actually am amazed. i was really into the money with call options, out several months, play that quarter of linked-in. finally the week finishes off with the nonfarm payroll report, which if you remember was pretty darn weak the last time around. judging by all the
they will do the same to gm, the stock has been acting pretty darn well after that quarter. it seems to be working its way higher. i wonder if gm doesn't surprise the upside or offers you enough secondhand hope that it's worth owning. sure, it is cheap, warming up to it. one of our favorite takeout candidates is bull maker atk, the defense companies and gun-related stocks have all delivered excellent numbers. by the way, we did isolate cabella's and said that was better than dick's. a lot of...
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Apr 23, 2013
04/13
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. >> the boom has been a missed opportunity for some, and gm is enjoying success with cadillac sales as they are adding for dealerships here and next year, ford will be bringing the lincoln brand to china to begin sales in asia. it will be interesting to see how the lincoln does there. it hasz been struggling so much. aren't the numbers amazing. >> they are. and having been there a year ago, you city german brands and a large portion of roles royces. hong kong has the highest level of -- >> you want to make a splash. it's really something over there. >> well, that is it for us tonight, "nightly business report." thank you so much for watching. >> and from me as well. thanks for joining us, have a great evening, we hope to see you tomorrow. "nightly business report" has been brought to you by thestreet.com. our dividend stock adviser guides and helps to generate income during a period of low interest rates. options and profits, helps to guide investors. online, mobile, social media, we are thestreet.com. ) (♪) (♪) daniel mansergh: imagemakers is made possible by a grant from: cele
. >> the boom has been a missed opportunity for some, and gm is enjoying success with cadillac sales as they are adding for dealerships here and next year, ford will be bringing the lincoln brand to china to begin sales in asia. it will be interesting to see how the lincoln does there. it hasz been struggling so much. aren't the numbers amazing. >> they are. and having been there a year ago, you city german brands and a large portion of roles royces. hong kong has the highest level...
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Apr 3, 2013
04/13
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KPIX
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gm says that sales were up 6% and toyota sales increased by 1% after a very strong sales year last march. >>> tesla motors wants to put more of its pricey electric cars on the road by offering something new. allie rasmus is here to explain the big announcement made by tesla. >> reporter: and there's no dials on the dashboard and no key. everything functions through this touch screen control pad. kind of like a big i pad in the car. but unless you have 70 to 100 grand in hand, this car was probably off limits for you but that may be changing now. >> when you hear the accelerator, it's instantaneous. >> reporter: kevin taguchi says this all electric vehicle with keyless entry is worth every penny. >> it feels like you're on a track. >> reporter: and it can go 100 miles without recharging the battery. >> hopefully cars will go in this direction and we'll be able to get off fossil fuels. >> reporter: but it cost him $80,000 in cash to buy it that's after using the $10,000 rebates that come with the electric car. it's a price point out of reach for most of us but that may be changing. >> make
gm says that sales were up 6% and toyota sales increased by 1% after a very strong sales year last march. >>> tesla motors wants to put more of its pricey electric cars on the road by offering something new. allie rasmus is here to explain the big announcement made by tesla. >> reporter: and there's no dials on the dashboard and no key. everything functions through this touch screen control pad. kind of like a big i pad in the car. but unless you have 70 to 100 grand in hand,...
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gm and ford both closed up today. there is lot more room to run on the stocks. foreign automaker stocks, specifically japanese, toyotas, hondas, nissans, closed down today. i'll tell you, the u.s. auto industry, experiencing a nice renaissance. i like it. liz: so do the auto workers. and certainly the ceo's. sergio marchionne who took the chance. david: tesla has news by the way to report. we don't want to let you wait anymore on that. tesla is announcing its first leasing program. we heard a lot about announcements that they were going to make in this hour. that is the first of them. liz: right, it is going to be in conjunction. they're calling it revolutionary leasing product with wells fargo and u.s. bancorp. they're saying by the way, they came out with good numbers for the model s sedan. they say they are pegging their model s resale value to the mercedes s-class. they have a deal with mercedes. it is very interesting to watch the stock. it is slightly higher in both the bid and the ask from the closing bell. more to come in just a minute. david: a lot of p
gm and ford both closed up today. there is lot more room to run on the stocks. foreign automaker stocks, specifically japanese, toyotas, hondas, nissans, closed down today. i'll tell you, the u.s. auto industry, experiencing a nice renaissance. i like it. liz: so do the auto workers. and certainly the ceo's. sergio marchionne who took the chance. david: tesla has news by the way to report. we don't want to let you wait anymore on that. tesla is announcing its first leasing program. we heard a...
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Apr 4, 2013
04/13
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here's what's happening so far. >> there are a lot of gm cars on the road. i have a feeling there's an underpinning strength that may go for four or five years. >> i would say businesses are still cautious about hiring. there are a lot of unknowns, so they're not quite ready to pull the trigger on at least large scale hiring. >> there is a deal in the works between the attorneys and the justice department that could shorten in the sentence. we don't know by how much. >> we don't have employment coming back. we don't have commercial real estate coming back. we do have deflation. let's just let things ride. the obsession we have should switch. it doesn't end. >> here's the opening bell. >> may i suggest -- go to target, get the cargo pants, and beat the bejesus out of olive garden by taking all the roles. so that data is incredibly important. >> good thursday morning. we're live here at the new york stock exchange. want to get you up to date on the markets after yesterday's tough session. the worst from the dow since february 25th, trying to hold onto some gai
here's what's happening so far. >> there are a lot of gm cars on the road. i have a feeling there's an underpinning strength that may go for four or five years. >> i would say businesses are still cautious about hiring. there are a lot of unknowns, so they're not quite ready to pull the trigger on at least large scale hiring. >> there is a deal in the works between the attorneys and the justice department that could shorten in the sentence. we don't know by how much. >>...